FTC Solar (FTCI) Cash & Equivalents (2020 - 2026)

FTC Solar (FTCI) reported Cash & Equivalents of $5.6 million for Q1 2026, down 4.57% on a YoY basis from $5.9 million in Q1 2025, and down 73.28% quarter-over-quarter from $21.1 million in Q4 2025.

FTC Solar (FTCI) Cash & Equivalents (2020 - 2026) Analysis & Trends

FTC Solar has reported Cash & Equivalents for 7 years, with the latest figure at $5.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Cash & Equivalents fell 4.57% year-over-year to $5.6 million; the trailing twelve-month figure through Mar 2026 stood at $5.6 million (down 4.57% YoY), and the FY2025 full-year result was $21.1 million, up 87.65% from the prior year.
  • Cash & Equivalents for Q1 2026 stood at $5.6 million, down from $21.1 million in the prior quarter.
  • The five-year high for Cash & Equivalents was $66.0 million in Q2 2022, with the low at $3.5 million in Q2 2025.
  • Historically, Cash & Equivalents has averaged $26.3 million across 5 years, with a median of $24.4 million in 2025.
  • Annual changes were most pronounced in 2022 — Cash & Equivalents soared 824.78% — and 2024, when it slumped 73.81%.
  • FTC Solar's Cash & Equivalents stood at $44.4 million in 2022, then sank by 43.15% to $25.2 million in 2023, then tumbled by 55.43% to $11.2 million in 2024, then jumped by 87.65% to $21.1 million in 2025, then tumbled by 73.28% to $5.6 million in 2026.
  • The last three Cash & Equivalents figures came in at $5.6 million (Q1 2026), $21.1 million (Q4 2025), and $24.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Equiv. (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 2.36 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 1.09 Bn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 497.55 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 512.38 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 1.88 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 200.70 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 11.57 Mn
10 FTC Solar 68.50 Mn 62.86 Mn -1.23 Mn 5.64 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.64 Mn
Dec 31, 2025 21.11 Mn
Sep 30, 2025 24.37 Mn
Jun 30, 2025 3.52 Mn
Mar 31, 2025 5.91 Mn
Dec 31, 2024 11.25 Mn
Sep 30, 2024 8.26 Mn
Jun 30, 2024 10.78 Mn
Mar 31, 2024 14.04 Mn
Dec 31, 2023 25.24 Mn
Sep 30, 2023 31.52 Mn
Jun 30, 2023 33.82 Mn
Mar 31, 2023 41.49 Mn
Dec 31, 2022 44.39 Mn
Sep 30, 2022 49.82 Mn
Jun 30, 2022 66.03 Mn
Mar 31, 2022 49.38 Mn
Dec 31, 2021 102.19 Mn
Sep 30, 2021 140.66 Mn
Jun 30, 2021 149.67 Mn